Data and information management

Common securitization platform testing taking longer than expected

12/04/17

Testing of the common securitization platform is taking longer than expected, but the Federal Housing Finance Agency said it won't delay the 2019 launch of Fannie Mae and Freddie Mac's new single "uniform mortgage-backed security."

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Data service startup Crux gets $10 million in funding led by Goldman Sachs

11/08/17

The data concierge service will find, obtain, clean, integrate data for financial firms, for a monthly fee.

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Trickle-down tech finally comes to commercial clients

10/27/17

Banks are revamping and investing in new wholesale systems to solve the frustrations felt by corporate customers.

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Equifax restoring The Work Number portal with beefed-up security

10/20/17

Equifax continues work to add new security features and restore full access to The Work Number following a report highlighting potential security vulnerabilities in a browser-based portal of its employment verification service.

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SEC hasn't quashed blockchain innovation. Let's keep it that way

08/01/17

Digital blockchain tokens can be naked instruments for profit-sharing among investors, but other types are directly linked to building network infrastructure. Their creation and sale must be unimpeded by regulation.

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B of A data center closings, severance to cost $425M in 2Q

05/31/17

The company will record a $300 million charge to cover the elimination of three data centers and book $125 million in broader severance costs.

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Personal loans get paid before other consumer credits, study finds

05/17/17

As financial institutions look closer at the increasingly detailed consumer credit data available, they are learning consumers are more apt to pay off personal loans before mortgages, auto loans and credit cards.

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When 'soft' data improves loan decisions, and when it doesn't

05/09/17

MIT professor Maria Loumioti has studied loans made strictly using hard data and loans where a loan officer clearly was influenced by personal connections or feelings about a borrower. The results shed light on the value and limitations of "soft" information.

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Deutsche Bank driving digital identity platform in Germany

05/08/17

The German bank announced a project designed to create a single online registration for users across a number of industries.

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Why a clear answer to the data-sharing debate remains elusive

02/23/17

Screen scraping has plenty of critics, but the alternatives, OAuth and APIs, have their share of detractors, too.

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